$5,080

Avg. Federal Grant

$5,498

Avg. Federal Loan

$26,046,138

Total Aid Awarded

Los Angeles City College (LACC) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

61%

Total Aid Amount Average Total Aid Awarded per year.

$26.046M

Financial Aid Official Website

www.lacitycollege.edu/services/finaid/financial-aid-info.html

Such schemes include CCNMA Scholarship, Cal Grant A, Cal Grant B, and College Fee Waiver. Notably, 77% of the students at Los Angeles City College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $3,803,211. For additional information about financial assistance schemes, one can head over to LACC’s financial aid page at http://www.lacitycollege.edu/services/finaid/financial-aid-info.html. At LACC, the total percentage of applicants who receive the Federal Grant stands at 49%. In comparison, 77% of the students get the Student Grant, and 49% of the applicants receive the Pell Grant. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,188. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At LACC, an estimated number of 4% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

46%

State Grant Aid

66%

Institution Grant Aid

N/A

Pell Grant

46%

Average Aid Awarded

Federal Grant Aid

$5,080

State Grant Aid

$1,785

Institution Grant Aid

N/A

Pell Grant

$4,903

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$7,416

$30,001 - $48,000

$6,376

$48,001 - $75,000

$4,945

$75,001 - $110,000

N/A

Over $110,000

N/A

Student Loans for Los Angeles City College (LACC)

Average Loan Amount Average Loan Amount received per year.

$5,498/Year

Students Taking Out Loans

4%

Loan Default Rate

14.1%

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